Santander Brazil’s Q3 Profit Surges 34%, Market Remains Cautious

Santander Brazil set the stage for the Q3 2024 banking season with a strong financial showing. The bank reported a net profit of R$3.66 billion ($653 million), marking a 34.3% year-over-year increase. This figure surpassed the average analyst forecast of R$3.50 billion ($625 million) compiled by LSEG. The bank’s performance was driven by several key […]

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